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10 Oct 2024

OpenAI Chairman's AI Startup Sierra Nears $4 Billion Valuation in New Funding Round

Sierra, an AI startup co-founded by OpenAI Chairman Bret Taylor, is in talks to secure hundreds of millions in funding at a valuation exceeding $4 billion. This significant increase from its previous $1 billion valuation underscores the continued investor interest in AI startups.

3 Sources

Uber Accelerates EV Adoption as Tesla's Robotaxi Day Looms

Uber announces new initiatives to electrify its fleet, while analysts debate the impact of Tesla's upcoming Robotaxi Day on the ride-hailing industry.

2 Sources

India Leads Global AI App Downloads, But Lags in Revenue Generation

India has become the largest market for AI mobile app downloads, contributing 21% to global figures. However, the country's share in revenue generation remains low at less than 2%, highlighting a significant gap between adoption and monetization.

2 Sources

KT and Microsoft to Launch Korea-Specific AI Model and Innovation Center in 2024

KT, a major Korean telecom company, partners with Microsoft to develop a Korea-specific AI model and establish a joint innovation center, aiming to boost AI and cloud services in Korea.

2 Sources

Stripe and Nvidia Expand Partnership to Enhance AI-Powered Financial Services

Stripe and Nvidia deepen their collaboration to advance AI features in financial services, focusing on improved fraud detection and expanded access to Nvidia's GPU and AI software for developers and enterprises.

2 Sources

Cloudera Launches AI Inference Service with NVIDIA NIM to Accelerate GenAI Development and Deployment

Cloudera introduces AI Inference service powered by NVIDIA NIM microservices, streamlining large-scale AI model deployment and management for enterprises, with enhanced performance and security features.

4 Sources

Google Photos to Introduce AI-Generated Image Detection Feature

Google Photos is developing a new feature to help users identify AI-generated or manipulated images, potentially addressing concerns about deepfakes and misinformation.

6 Sources

OpenAI's SearchGPT Set to Challenge Google with Integration into ChatGPT

OpenAI announces plans to integrate SearchGPT, its AI-powered search engine, into ChatGPT by the end of the year, potentially disrupting the search engine market dominated by Google.

3 Sources

Alphabet's AI Leadership Drives Growth Amid Regulatory Challenges

Analysts maintain positive outlook on Alphabet due to its AI advancements and strong financial performance, despite ongoing antitrust concerns.

5 Sources

Accenture Research Reveals AI-Led Companies Outperform Peers in Revenue Growth and Productivity

New Accenture study shows companies with AI-led processes achieve higher revenue growth and productivity, with generative AI investments meeting or exceeding expectations for most organizations.

3 Sources

Lantronix Unveils Five New AI-Powered System-in-Package Solutions in Collaboration with Qualcomm

Lantronix Inc. announces five new System-in-Package (SiP) solutions powered by Qualcomm Technologies' chipsets, bringing advanced AI and ML capabilities to edge computing for industrial and enterprise applications.

2 Sources

Hugging Face Launches Gradio 5: Simplifying AI-Powered Web App Development

Hugging Face releases Gradio 5, a major update to its open-source tool for creating machine learning applications, featuring enhanced security, an AI Playground, and improved accessibility for developers.

2 Sources

Etsy Bets on AI to Boost Sales Amid Economic Uncertainty

Etsy's CFO Rachel Glaser and CEO Josh Silverman discuss the company's AI initiatives to drive growth and customer engagement in the face of economic challenges.

2 Sources

Unisys Expands in India, Investing Heavily in AI and Quantum Computing

Unisys, a multinational technology company, is expanding its presence in India, leveraging the country's talent pool for AI and quantum computing initiatives. The company sees India as a crucial part of its global supply chain and is investing in new offices and research projects.

2 Sources

Adobe Unveils GenStudio for Performance Marketing and Enhances Express Platform with AI-Powered Features

Adobe launches GenStudio for Performance Marketing and introduces new AI-powered features to Adobe Express, aiming to accelerate content creation and campaign delivery for enterprises.

5 Sources

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